Subsidy Tracker Parent Company Summary

Parent Company Name: 
Tower Group International
Ownership Structure: 
publicly traded
Headquartered in: 
Bermuda (reincorporated for tax reasons)
Major Industry: 
financial services
Specific Industry: 
insurance
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$4,277,6305
Federal (grants and allocated tax credits)$00
TOTAL$4,277,6305
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$00
Time Period for State and Local Awards: 

Earliest year of data: 2002. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2003.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

Tower Group International; TOWER INSURANCE; TOWER RISK MGT


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
New Jersey$3,941,4122
New York$336,2183

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Tower Insurance Company of New York New Jersey state 2011 $3,738,912 grant
Tower Insurance Company of New York New Jersey state 2012 $202,500 tax credit/rebate
Tower Insurance Company New York local 2002 $172,435 grant
Tower Risk Management New York local 2002 $150,283 grant
Tower Group International, Inc. New York state 2003 $13,500 enterprise zone
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